Report Update Nov 1, 2024

Puerto Rico - Tyres for Motor Cycles or Bicycles - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Puerto Rico: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Puerto Rico

The Puerto Rican motorcycle or bicycle tyre market declined slightly to $X in 2021, remaining relatively unchanged against the previous year. In general, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.3% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Tyres For Motorcycles or Bicycles in Puerto Rico

In value terms, motorcycle or bicycle tyre production dropped slightly to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 67% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Tyres For Motorcycles or Bicycles

Exports by Country

China was the main exporter of tyres for motorcycles or bicycles in the world, with the volume of exports resulting at X tons, which was approx. 49% of total exports in 2021. Indonesia (X tons) held an 8% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (7.2%), Taiwan (Chinese) (6.4%) and Germany (5.3%). Vietnam (X tons), Spain (X tons), Japan (X tons), France (X tons), Serbia (X tons), India (X tons), the Netherlands (X tons) and Brazil (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to motorcycle or bicycle tyre exports from China stood at +6.1%. At the same time, the Netherlands (+16.2%), Serbia (+8.8%), Spain (+8.0%), Indonesia (+7.4%), Thailand (+3.4%), Japan (+3.2%), Germany (+2.9%), Taiwan (Chinese) (+2.0%), India (+1.7%) and Vietnam (+1.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +16.2% from 2012-2021. By contrast, France (-2.6%) and Brazil (-8.5%) illustrated a downward trend over the same period. While the share of China (+6.8 p.p.) and Indonesia (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of France (-2.1 p.p.) and Brazil (-3.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest motorcycle or bicycle tyre supplier from Puerto Rico, comprising 25% of global exports. The second position in the ranking was held by Germany ($X), with a 12% share of global exports. It was followed by Thailand, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +5.9%. In the other countries, the average annual rates were as follows: Germany (+3.9% per year) and Thailand (+2.3% per year).

Imports of Tyres For Motorcycles or Bicycles

Imports by Country

Germany (X tons), the United States (X tons), Colombia (X tons), Italy (X tons), France (X tons), the Netherlands (X tons), Brazil (X tons), Ghana (X tons), Spain (X tons), Peru (X tons), Mexico (X tons) and Japan (X tons) represented roughly 46% of total imports in 2021. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ghana (with a CAGR of +16.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle or bicycle tyre importing markets into Puerto Rico were Germany ($X), the United States ($X) and Italy ($X), together accounting for 23% of total imports. France, the Netherlands, Spain, Colombia, Mexico, Japan, Brazil, Taiwan (Chinese), Ghana and Peru lagged somewhat behind, together accounting for a further 31%.

Ghana, with a CAGR of +20.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for motorcycles or bicycles in the world?

China constituted the country with the largest volume of motorcycle or bicycle tyre consumption, accounting for 22% of total volume. Moreover, motorcycle or bicycle tyre consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by South Africa, with an 8.1% share.

What are the largest producers of tyres for motorcycles or bicycles in the world?

The country with the largest volume of motorcycle or bicycle tyre production was China, accounting for 39% of total volume. Moreover, motorcycle or bicycle tyre production in China exceeded the figures recorded by the second-largest producer, South Africa, fivefold. The United States ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of tyres for motorcycles or bicycles to Puerto Rico?

In value terms, Germany, the United States and Italy appeared to be the countries with the highest levels of imports in 2021, with a combined 24% share of total imports. France, the Netherlands, Spain, Colombia, Mexico, Japan, Brazil, Malaysia, Turkey and Peru lagged somewhat behind, together comprising a further 31%.

What are the leading importers of tyres for motorcycles or bicycles from Puerto Rico?

In value terms, China, Germany and Thailand were the countries with the highest levels of exports in 2021, with a combined 45% share of total exports. These countries were followed by Indonesia, France, Spain, Vietnam, India, Japan, the Netherlands, Serbia and Brazil, which together accounted for a further 39%.

What is the average export price for tyres for motorcycles or bicycles in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, stabilizing at the previous year.

What is the average import price for tyres for motorcycles or bicycles in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023